The Ultimate Indicator: The Stochastic Divergence | Forex
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Video Brought to you by http://www.daytradingradio.com Join http://www.daytradingradio.com and get 14 days FREE Get Live News, Trade Alerts, Weekly Watchlists and more on daytradingradio.com How to read and recognize a stochastic divergence , One of the best indicators to use for finding reversal in trends. Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that will changes direction before price. As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, and most important, signal that Lane identified. Where most indicators reflect the past price action, this one will show a trend change before the major move in the stock or index that it is attached to.
Comments
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you are a good dude, thx for the vid.
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I use stochastic for forex. I never traded stocks and such. Do you prefer stocks, are they more reliable ?
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Hi, dumb question, but what software is this you are using?
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Thank you so much for your lesson!
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I learned a lot from DayTraderRockstar, I use different tools but stochastics I learned a lot from DayTraderRockstar. You can check out my trades on my channel, would be great to get your opinion!
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BTU still hasn't really moved after that
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Ripper vid dtrs. Thanks.
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Thanks danwayfare.
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Good video. Quick question, I am assuming you are using a Slow Stochastic. For your Stochastic what do you use for %K and %D?
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Great video dtrs. Thank you so much for the time and effort you put into this.
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thanks for share John, excellent i did it on forex too,. would you explain how to read the volume indicator, thanks :)
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Excellent video, as always. Looking forward to next week.